Business
Stay updated with the latest business news, analysis, and trends

Hyundai India Car Price Hike: Up to 1% in May 2026
Hyundai Motor India announces a car price increase of up to 1% starting May 2026 due to rising component costs. Details vary by model. Stay informed!

KreditBee Raises $280M, Valuation Hits $1.5B
KreditBee, a Bengaluru fintech startup, secures $280M in Series E funding, achieving unicorn status with a $1.5B valuation. Funds to expand lending and AI.

Leverage Edu IPO Plans & Rebel Foods Delivery Halt
Leverage Edu eyes IPO within 12-18 months, targeting $900M valuation. Rebel Foods shuts down QuickiES due to high cash burn. Read the latest business news.

Hormuz Ceasefire: Shipowners Seek to Free 800 Vessels
Shipowners await Hormuz ceasefire to release 800 vessels stranded in the Persian Gulf due to Iran-US-Israel tensions. Impact on global energy flows.

Social Coding Platform Tangled & LEAD’s AI Tutor
Bengaluru brothers innovate developer collaboration with Tangled, a social coding platform. LEAD Group introduces Ms. Curie, an AI tutor for personalized learning.

Arcee: Open Source AI Model Disrupting the Industry
Arcee, a small U.S. startup, is challenging big AI with its high-performing, open source LLM. Gaining traction among OpenClaw users. Learn more!

Eclipse Launches $1.3B Fund for Physical AI Startups
Eclipse announces a $1.3B fund to back and build startups focused on ‘physical AI’. The fund will incubate and develop new companies in the sector.

Govt Slashes Airport Charges 25% to Help Airlines
Government reduces airport landing & parking charges by 25% for domestic flights to support airlines facing rising fuel costs. Initiative lasts 3 months.

Chemical Duty Relief Urged Amid Supply Chain Crisis
Indian industries seek temporary anti-dumping duty suspension on chemical feedstocks due to West Asia supply disruptions. Protecting MSMEs and raw material access prioritized.

GAIL Charters LNG Carrier: Boosts India’s Energy Security
GAIL India charters LNG carrier ‘Energy Fidelity’ from Alpha Gas, enhancing LNG import capabilities and bolstering India’s energy security. Long-term deal details.

Bank of Baroda: AI Multilingual Customer Service
Bank of Baroda launches bob SAMVAD, an AI-powered platform offering multilingual customer service in 22 Indian languages. Enhancing accessibility and inclusion.

Nexus Select Trust Buys Kolkata Mall for Rs 347.5 Cr
Nexus Select Trust acquires Diamond Plaza in Kolkata for Rs 347.5 Cr, expanding its real estate portfolio. New auditing services appointed for growth.

India Expands Textile PLI Scheme for Man-Made Fibers
India broadens its textile PLI scheme, focusing on man-made fibers to boost industry growth, attract investments, and create jobs. Learn more about this initiative.

CRED Upgrades Kuvera for Affluent Indian Investors
CRED upgrades Kuvera wealth management platform, targeting affluent Indian investors with enhanced tools for better investment decisions and returns.

Biocon Launches Biosimilars Bosaya & Aukelso in US
Biocon introduces Bosaya and Aukelso biosimilars in the US for treating bone conditions. Aims to provide affordable treatment options. FDA approved.

NVIDIA DGX Spark: Local AI at DevSparks Pune 2026
NVIDIA and RP Tech demoed NVIDIA DGX Spark at DevSparks Pune 2026, showcasing local AI for enhanced data privacy and efficient AI model execution.

Indian Airlines: Leadership Changes Impact Market
Indian airlines like Air India and IndiGo face CEO changes amidst market shifts. Leadership transitions impact competition and consumer choices. Read more.

Leverage Edu IPO: Eyes ₹3,000 Cr Raise
Leverage Edu, a study abroad startup, is planning an IPO to raise ₹2,000-3,000 Cr. The IPO is expected in the next 12-18 months with a valuation of $900 Mn.

J&K Bank Business Exceeds ₹2.90 Lakh Crore
Jammu & Kashmir Bank’s business surpasses ₹2.90 lakh crore. New regional center inaugurated by Lt. Governor Manoj Sinha to boost service delivery and efficiency.

UAE Succession Law: Wills for Indian Expats in Dubai
Understand UAE succession laws for Indian expats in Dubai. Learn about Will registration, intestate matters, and estate planning for your UAE assets.

Tangled: Bengaluru Brothers Build AI-First GitHub Alternative
Bengaluru brothers in Finland launch Tangled, an AI-first alternative to GitHub, designed for the future of AI-driven code collaboration. Seed round of $4.5M secured.

Great Eastern Shipping Sells Tanker Jag Pankhi
Great Eastern Shipping Co. sells Jag Pankhi as part of fleet renewal. New acquisitions planned to modernize and diversify assets. Learn more!

Great Eastern Shipping Sells Tanker Jag Pankhi
Great Eastern Shipping Co. divests Jag Pankhi, a 2003-built medium-range tanker, as part of its divestment strategy. Another tanker, Jag Prakash, is also set for sale.

Weekly Credit Reporting Reshapes India Loan Approvals
Weekly credit reporting transforms loan approvals in India, enabling real-time decisions and tightening lending discipline. Learn how it impacts lenders and borrowers.

Helium Smart Air Raises $2M for Smart AC Tech
Helium Smart Air secures $2M seed funding led by India Quotient to advance smart AC technology, expand distribution, and boost R&D. IIT Kanpur incubated.

Gas Shortage Hits India’s Sugar & Oil Demand
India’s restaurant gas shortage cuts operations, reducing sugar & edible oil demand. Impact on palm, soy, sunflower oil imports. Key commodity market impact.

Form 121: Avoid TDS Under Income Tax Act 2025
Learn about Form 121 under the Income Tax Act 2025. Simplify tax submissions and avoid TDS with this new form replacing 15G and 15H. Streamline your tax process!

OFF/BEAT Secures ₹100 Cr Funding Led by Bessemer Venture Partners
Aman Gupta’s OFF/BEAT raises ₹100 Cr in seed funding led by Bessemer Venture Partners. The venture aims to innovate at the intersection of content and AI.

Aluminium Extrusion Industry Hit by West Asia Unrest
India’s aluminium extrusion sector faces production cuts due to West Asia unrest, raw material shortages, and rising energy costs. Government intervention underway.

MSMEs: Why Profits Don’t Guarantee Cash Flow
Profitable MSMEs in India face cash shortages due to poor financial discipline, GST compliance issues, and inadequate tracking, limiting credit access and growth.